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Description

Enphase Energy, Inc. (Enphase) designs, develops and sells microinverter systems for the solar photovoltaic industry. The Company�s microinverter system consists of an Enphase microinverter and related accessories that convert direct current (DC) power to grid-compliant alternating current (AC) power; an Envoy communications gateway device that collects and transmits performance information from each solar module to the Company�s hosted data center, and the Enlighten web-based software platform that collects and processes this information to enable customers to monitor and manage their solar power systems. The Company sells its microinverter systems to distributors who resell them to solar installers. It also sells directly to installers, as well as through original equipment manufacturers (OEMs).